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March 19, 2010

Schiff On Paul Krugman Nobel Prize


"One of the things that Krugman gets right in this piece is that he mentions the fact that the chinese currency is undervalued and as a result of that its causing problems for the global economy. About that he is right. But he doesn`t really understand what the problems are and how things are going to be resolved once the chinese currency is ultimately revalued"

(more on this topic in yesterday`s post)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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